India Inc. predicts a surge in investment and is preparing capital expenditure plans.

Economy
Jan. 3, 2022, 11:14 a.m.

In an ET poll, 93 percent of CEOs, industry executives, and startup entrepreneurs claimed India is on the verge of a major investment boom.

Market LIStocks in emphasis include Reliance Industries, Tata Motors, Future Retail, NTPC, MVE Updates: Indices hit new highs, with the Sensex surging 500 points; auto, financials, and IT stocks lead.

Economy
Jan. 3, 2022, 11:08 a.m.

LIVE UPDATES ON THE STOCK MARK Benchmarks for the domestic stock market On the first trading day of CY2022, the BSE Sensex and Nifty 50 were expected to open flat with a positive tilt. On the Singaporean Exchange, Nifty futures were trading 12.50 points, or 0.07 percent, higher at 17,452.ET: All of the sectors indices are up 1-2 percent, with the IT, Auto, Property, and Capital Goods indices leading the way.

Mamaearth is the first unicorn of 2022, having raised $52 million with a $1.2 billion valuation.

Economy
Jan. 1, 2022, 3:01 p.m.

Honasa Consumer, the parent firm of Mamaearth, a baby and skincare goods company, is the first unicorn of the year 2022. It wants to use the funds to expand into other markets and pursue its goal of becoming a brand house.